Form 4 for SYM Symbotic Inc.
Accepted 2024-01-11 00:00:00 ET · period of report 2024-01-09 · accession 0001837240-24-000013 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-11 | 2024-01-09 | SYM | Dunn Michael David | See Remarks | M - OptEx | — | +174.8K | 136.6K | New | — |
| DM | 2024-01-11 | 2024-01-09 | SYM | Dunn Michael David | See Remarks | S - Sale+OE | $43.48 | -68.8K | 136.8K | -33% | -$2.99M |
| DM | 2024-01-11 | 2024-01-09 | SYM | Dunn Michael David | See Remarks | M - OptEx | $0.00 | -174.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-01-09 | M | A | 3,833 | — | 34,658 | D | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. |
| 2 | Common | Class A Common Stock | 2024-01-09 | M | A | 69,100 | — | 205,664 | D | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. |
| 3 | Common | Class A Common Stock | 2024-01-09 | S | D | 50,445 | $43.29 | 155,219 | D | — | — | (F3) In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $42.80 to $43.79, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 4 | Common | Class A Common Stock | 2024-01-09 | S | D | 18,397 | $44.00 | 136,822 | D | — | — | (F4) In accordance with SEC guidance authorizing aggregate reporting of same-day purchases and sales, the shares were sold in multiple transactions at prices ranging from $43.80 to $44.37, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 5 | Common | Class A Common Stock | 2024-01-09 | M | A | 2,749 | — | 37,407 | D | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. |
| 6 | Common | Class A Common Stock | 2024-01-09 | M | A | 99,157 | — | 136,564 | D | — | — | (F1) Restricted stock units convert into Class A common stock on a one-for-one basis. |
| 7 | Derivative | Restricted Stock Units | 2024-01-09 | M | D | 2,749 | $0.00 | 43,986 | D | — · — to — | 2,749 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F7) On August 17, 2022, the Reporting Person was granted 87,970 restricted stock units that vest as follows: 1/4 of the restricted stock units vested on January 1, 2023, and 1/16 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on January 1, 2024 were delivered in two tranches: 2,749 shares were delivered on January 2, 2024 and 2,749 shares were delivered on January 9, 2024. |
| 8 | Derivative | Restricted Stock Units | 2024-01-09 | M | D | 3,833 | $0.00 | 30,670 | D | — · — to — | 3,833 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F6) On August 17, 2022, the Reporting Person was granted 92,000 restricted stock units that vest as follows: 1/3 of the restricted stock units vested on January 1, 2023, and 1/12 of the restricted stock units vest quarterly thereafter, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on January 1, 2024 were delivered in two tranches: 3,833 shares were delivered on January 2, 2024 and 3,833 shares were delivered on January 9, 2024. |
| 9 | Derivative | Restricted Stock Units | 2024-01-09 | M | D | 99,157 | $0.00 | 0 | D | — · — to — | 99,157 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F8) On August 17, 2022, the Reporting Person was granted 396,625 restricted stock units that vest as follows: 1/2 of the restricted stock units vest on January 1, 2023, and the remaining 1/2 of the restricted stock units vest on January 1, 2024, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on January 1, 2024 were delivered in two tranches: 99,156 shares were delivered on January 2, 2024 and 99,157 shares were delivered on January 9, 2024. |
| 10 | Derivative | Restricted Stock Units | 2024-01-09 | M | D | 69,100 | $0.00 | 0 | D | — · — to — | 69,100 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F9) On August 17, 2022, the Reporting Person was granted an award of 414,599 restricted stock units, 2/3 of the restricted stock units vest on the date of grant and the remaining 1/3 of the restricted stock units vest on January 1, 2024, subject to the Reporting Person continued service with the Issuer on the applicable vesting dates. The restricted stock units that vested on January 1, 2024 were delivered in two tranches: 69,099 shares were delivered on January 2, 2024 and 69,100 shares were delivered on January 9, 2024. |